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Video archive of the US Congress

Senate Proceeding on May 19th, 2011 :: 0:41:35 to 0:42:30
Total video length: 8 hours 40 minutes Stream Tools: Stream Overview | Edit Time

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Jeff Sessions

0:41:32 to 0:41:52( Edit History Discussion )

Jeff Sessions: can have a debate about it. i just had occasion to meet with the finance minister from canada, senator hatch, and he told me that they are bringing their corporate tax rate down to 15% or below. we're at 35.9%, is that right, i think? and we have the highest

Jeff Sessions

0:41:35 to 0:42:30( Edit History Discussion )
Speech By: Jeff Sessions

Jeff Sessions

0:41:53 to 0:42:13( Edit History Discussion )

Jeff Sessions: corporate tax rate in america. we'd like to -- wouldn't it be nice if we could just tax them more and get some more money, but as you know from your experience, if you have two higher tax -- too high of tax rates, it drives investment out of america, drives jobs out of america. companies are liable to want to

Jeff Sessions

0:42:14 to 0:42:31( Edit History Discussion )

Jeff Sessions: move to canada where they pay less taxes, creating jobs for them and not for us. so there is a danger, is there not, economically and a danger to growth which we need so desperately if we just keep raising taxes. mr. hatch: well, our corporate tax rate is 35%. that's the highest in the world

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